there no such heavy volume.. if heavy volume the share will go up..why selling at 0.640 when you had the chance to sell at 0.660 today..better wait and not sell and wait other day..

its just a show, it happen every day, they scare you , you sell cheap, share rebound to 0.67 , and again and again, HOLD if you can..

maintain buy TP 0.75

TA security analyst show TP 0.74 for DNEX same as CIMB estimate. http://klse.i3investor.com/servlets/ptres/42383.jsp

another day show a 3 PM !!!

this is like 5 % of total shares..

I think about 40 milion shares when to ESOS this year alone..

so Green to continue..

whoever he is the one who bought DNEX offline, he see potantial in DNEX..unless he sold it already as he got it 11% cheaper..but i do not think he did already, anyway DEX should announce the name soon i guess.

pang72: I am with you. nekosan: have some fun.... how about this song..it rime good.

In the month July, Augus and September, the average oil price is about 54 to 55 USD, hope Hibiscus manage to sell his oil at this level, if yes, than this would be about 3 USD more than previous Quarter, this could means that this QR will have to show higher revenue and higher Net profite. QR announcement expected to be shared before last week of November.

pang72, also you may sell Hib at 0.565 instead of 0.656 ..can you see that now ? we are trying to keep you here..and forget about selling hibiscus cheap...

pang72.. keep focusing,, if you laugh, you reyes will close and you ll not be able to read nekosan funny post.

How many employee ANZO have?

rr88, i saw your comments almost at all oil and gas counter, very strange that you are promoting to sell if you are so intrested in it all...as many of you have said, you sell, we would love to buy..as long as you sell below 0.7, no issue at all. now if i was you, sell high, you want wait long..

Yeh, hstha, still TP0.74 for DNEX and TP1.05 for Hibiscus..

very few force selling yesterday and today, Hibiscus remain resilient, its just about time to rebound to 0.7.

buy before too late..

this time will go up naturally,, many are still not yet convince that Hibiscus will get Sabah oil field, so once confirmed, many institution will join, as long as the share value below the projected TP.

in contrary,I still have both.

I am holding.

you got it. start your engine

well lets say 20% less powerfull, that make the TP 0.60 still good enough to generate a good profite..suggest buy before too late..

WaW, CIMB estimated TP 0.74.. sure can go up.

https://www.oilandgaspeople.com/news/15196/oil-prices-fall-from-26-month-high-on-profit-taking/

the fall in oil price for Brent is only due to profite taking.

https://www.oilandgaspeople.com/news/15190/turkey-warns-iraqs-kurds-it-can-close-the-valves-on-oil-exports/

Perisai granted EOL a call option to acquire the remaining 51% equity interest in their jointly-controlled entity SJR Marine at the same price as the disposal consideration in cash within the following two years.

In the event the call option was not exercised, SJR Marine would source for third party buyers for the Enterprise 3 on terms to be mutually agreed on within 12 months after the expiry of the call option.

If SJR Marine were unable to dispose of Enterprise 3 within the said 12-month period, Perisai would have a put option to require EOL to buy its equity interest in SJR Marine at the same price as the call option for cash.

Fast forward to December last year (after three supplemental agreements had been entered into by the parties): EOL, in a notice dated Dec 8, 2016, said following “certain breaches” by Perisai, EOL had the right to and sought to terminate the shareholders agreement (SHA) signed in December 2013 as well as the share sale agreement.

It said the put option would be extinguished and EOL would acquire Perisai’s shares in SJR Marine at the price of US$1.

Perisai, meanwhile, issued a notice also on Dec 8, 2016, stating that it was exercising the put option, which it said was irrevocably and unconditionally granted by EOL under the agreement.

Later in December, Perisai and EOL entered into a settlement agreement to achieve a full and final settlement of the disputes.

Subject to the completion of the conditions precedent, EOL would buy the put option shares for US$43.043mil and pay the accrued deferred payment interest.

Among the conditions precedent was EOL must provide Perisai with evidence that it had obtained a US$20mil secured term loan facility from an existing bank lender for the purpose of part financing and purchase of the put option shares and a US$1.5mil secured term loan facility from the lender for the purpose of working capital.

Read more at http://www.thestar.com.my/business/business-news/2017/08/17/perisai-says-it-has-won-back-right-to-sell-stake-in-sjr-marine/#lmbo4YiFtJdjSijD.99

today Perisai will fly up.. EOL did not present any evidence that they secure a bank loan of USD20 milion as stated in teh proposal, so Periasi is now free to sell his share 9if he wanted) to any one else..

In my opinion, read this.
http://www.thestar.com.my/business/business-news/2017/08/18/perisai-set-to-sell-sjr-stake/

So greedy shark, eat all, leave nothing to any one, risking to create a very bad reputation for decent ANZO loyal people.. shark should bare in mind and give some take som..

58.86 now..
https://www.bloomberg.com/quote/CO1:COM

oil 60 Perisai 0.06 !!

well eventually yes he WILL breack 60 USD/BBL, however now here and there some US Shale will try to push it down to squize and keep pressure on OPEC to extend the cut beyound March 2018. same senario was made back in April, june & july 2017. However i guess this time oil price may reach 60 USD/bbl very easally or above before next OPEC meeting November 30 2017 as there is already sign from OPEC member and non OPEC member that they are willing to extend the production cut. See the WTI now still at highest level sinc 2 years 52.13 USD , Brent now 58.61 USD. the importaant is that oil price to balance as well above 60 usd then big big potantial for Hibiscus to reach RM 1.15 even without any new aquisition in place..

no such thing as force selling, all 870 milion shares (last Wednesday and Thursday) are covered in cash.. looking to the volume now, if there is force selling you will see the sell volume so high which is not happening, can only means the share price is now at lowest level.

less than 30 milions share sofar is a prove that there is no force selling T4, means straight to 0.7xx is possible. one more intrested investor can pull it back to 0.7 easally..

0.7xx by end this week look possible.

Sabah oil aquisistion if succesfull,, INFINITY....

rebound up onward..

Sabah Aquisition by End of this year according to PB.

Azim Faris Ab Rahim, who tracks O&G stocks at BIMB Securities, said he prefers exposure in oil-producing companies rather than service providers to profit from the current uptrend in global crude oil prices.

“They (the oil producers) are the direct beneficiary of the rising crude prices,” he said.

Sapura Energy derives a portion of its income from the production of oil, but Azim said Hibiscus Petroleum Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png
looks like a winner. The independent oil exploration and production company owns the Anasuria field in the United Kingdom, which produces an average of 3,500 barrels a day.

Hibiscus, according to Public Investment Bank in a recent report, will be completing the acquisition of a stake in a production sharing contract in Sabah by the end of the year.

Shares in Hibiscus rose 3.5 sen, or 5.6%, yesterday to 66.5 sen.

http://www.thestar.com.my/business/business-news/2017/09/27/bullish-view-on-og-stocks/

its healthy for the share to consolidate and wash out all last days contra player,, now time to collect if you still have cash, you have this opportunity to grab, before teh next announcement take place..

collect as long as below 0.7xx

dumping help other to collect.

Perisai have rig 101 wich is contracted to Petronas for two years for a value of 47 milion usd. also he suppose to take over two new rigs 102 & 103 but he did not do that . yet.. also he own a MODU and one FPSO Kamelia and couple of Supply boats..etc.....anything else anyone know..?

today open 3.5 cent higher then yesterday, so tomorrow may open at least at 0.7XX....

wish I know, monitor and you will found out.

i suggest all of you who queu at 0.10 or 0.105 to buy better use yoru money elswere..there is no hope here..unless these queus are for the operator..buying and selling himself like crazy..

Yes, same operators, keep selling miserable 5 ringgit budget to get it down every time it move up.. well other tryed alot in Hibiscus and failed dramatically, when there is appetite, you can't stop us..

Hibiscus is now a 1 bilion Capital company...